Abstract
We define uniform paracontraction for an arbitrary set of matrices and show that an infinite product of matrices drawn from a uniformly paracontracting set is convergent. Moreover, if the uniformly paracontracting set is finite and the matrices are drawn in a regulated way, the infinite product is exponentially convergent.
Acknowledgements
The authors would like to thank the referee for the helpful comments and suggestions that helped to improve the paper.
Notes
No potential conflict of interest was reported by the authors.